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Offshore Wind

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Vineyard Wind Sues GE Renewables to Save $4.5B Offshore Wind Project
energy4 hours ago

Vineyard Wind Sues GE Renewables to Save $4.5B Offshore Wind Project

Vineyard Wind has finished construction on the Nantucket-area offshore wind farm but faces collapse risk after suing GE Renewables to prevent the supplier from backing out; GE says unpaid bills exceed $300M and has terminated the contract, while Vineyard Wind claims more than $545M in expenses tied to defective blades and warns that losing GE could stall commissioning, trigger loan defaults, and imperil financing for the $4.5B project.

via Nantucket Current|
#energy#ge-renewables#lawsuit
Massachusetts Offshore Wind at Risk as Vineyard Wind Sues GE Renewables
business6 hours ago

Massachusetts Offshore Wind at Risk as Vineyard Wind Sues GE Renewables

Vineyard Wind has sued GE Renewables in Boston, alleging GE intends to abandon the $4.5 billion offshore wind project and breach contracts, which would jeopardize power commitments and loan repayments. GE says it terminated for non‑payment. The case seeks a preliminary injunction and a temporary restraining order as the 62 turbines installed offshore are not yet fully online, with hearings set for April 16 in Suffolk Superior Court after GE must respond by April 15.

via The New Bedford Light|
#blade-failure#business#contract-dispute
Trump Bets on Fossil Fuels, Pays to Abandon Offshore Wind
politics14 days ago

Trump Bets on Fossil Fuels, Pays to Abandon Offshore Wind

Interior will reimburse TotalEnergies up to $928 million to renounce two offshore wind leases (Attentive Energy in the New York Bight and Carolina Long Bay off North Carolina) and reinvest the funds in oil and gas, a move framed as steering away from renewables; meanwhile, the Coastal Virginia Offshore Wind project began delivering power to the grid, showing wind progress even as the administration pivots toward fossil fuels.

via gizmodo.com|
#offshore-wind#oil-and-gas#politics
Wind-payout drama: Trump-era deal with TotalEnergies draws legal fire
energy-policy15 days ago

Wind-payout drama: Trump-era deal with TotalEnergies draws legal fire

The Interior Department plans to reimburse TotalEnergies about $1 billion in 2022 offshore-wind lease fees in exchange for abandoning U.S. offshore wind projects and investing in fossil-fuel infrastructure, a move that raises questions about the department’s authority to issue refunds and could face legal challenges from states and affected communities; the funds would likely come from the Judgment Fund since there’s no clear statutory process for such reimbursements.

via Canary Media|
#bureau-of-ocean-energy-management#energy-policy#interior-department
Trump-Total Wind Deal Prompts Legal and Funding Uncertainties
politics15 days ago

Trump-Total Wind Deal Prompts Legal and Funding Uncertainties

Heatmap reports that TotalEnergies will be refunded about $928 million for offshore wind leases as the Interior Department terminates those leases and redirects the funds toward U.S. oil and gas investments, a move that raises questions about where the money comes from, whether it’s a lawful appropriation or a settlement, and whether Interior has the authority to reimburse lease costs—potentially setting a controversial precedent and lacking transparency until further documentation is released.

via Heatmap News|
#department-of-the-interior#offshore-wind#politics
North Sea Turbines to Host AI Data Centers Using Sea Cooling
technology18 days ago

North Sea Turbines to Host AI Data Centers Using Sea Cooling

Aikido Technologies wants to place liquid-cooled AI data centers inside the ballast-filled legs of floating offshore wind turbines in the North Sea, using seawater cooling to shed heat and batteries to balance power. The prototype aims for about 100 kW initially, with later versions per leg of 3–4 MW (roughly 9–12 MW per turbine) and hybrid links to land grids. The plan, targeting a 2026 Norwegian test, builds on land experiments in Germany and faces challenges like salt exposure, motion, and connectivity.

via The Daily Galaxy|
#ai-data-centers#energy-storage#floating-platforms
Trump Admin Pulls Offshore Wind Leases, Redirects $1B to Oil and Gas
energy-and-climate18 days ago

Trump Admin Pulls Offshore Wind Leases, Redirects $1B to Oil and Gas

Interior Secretary Doug Burgum and TotalEnergies CEO Patrick Pouyanné announced the cancellation of federal offshore wind leases worth about $1 billion and redirected the investment to oil and natural gas projects in the U.S., signaling a rare policy shift under Trump away from offshore wind despite prior support; environmentalists criticize the move as wasteful and contrary to clean-energy goals, while supporters note offshore wind remains costly and that policy must align with domestic oil and gas priorities; observers wonder if this signals more one-off deals and whether the U.S. offshore wind industry can regain momentum.

via Axios|
#burgum#energy-and-climate#energy-policy
Interior, TotalEnergies Pivot From Offshore Wind to U.S. LNG Investment
energy18 days ago

Interior, TotalEnergies Pivot From Offshore Wind to U.S. LNG Investment

The Interior Department announced an agreement with TotalEnergies to renounce costly offshore wind leases and redirect about $1 billion into U.S. oil, gas, and LNG projects. TotalEnergies will be reimbursed up to the amount paid for the offshore wind leases, and the company pledges not to pursue new offshore wind development in the United States, as part of a policy described as lowering costs for American families and strengthening energy security.

via U.S. Department of the Interior (.gov)|
#energy#investment#lng
US Pays TotalEnergies Almost $1B to Scrap Offshore Wind Leases
energy18 days ago

US Pays TotalEnergies Almost $1B to Scrap Offshore Wind Leases

Amid a fuel crisis driven by the Iran war, the Trump administration will reimburse TotalEnergies about $928 million to cancel two offshore wind leases off New York and North Carolina, effectively killing plans for wind farms and moving nearly $1 billion toward LNG and oil/gas projects; critics call it a taxpayer-funded blow to homegrown clean energy, while supporters say it cuts stranded costs.

via The Guardian|
#energy#energy-policy#lng
Massachusetts offshore wind milestone reached as Vineyard Wind completes construction
energy27 days ago

Massachusetts offshore wind milestone reached as Vineyard Wind completes construction

Massachusetts’ Vineyard Wind offshore farm has finished construction—62 turbines generating 800 MW, enough for about 400,000 homes—marking the first project to reach this stage during Donald Trump’s presidency after prior halts over national security concerns. Revolution Wind has begun feeding power to New England as Vineyard Wind advances, with Biden approving the project in 2021; a past blade failure led to a $10.5 million settlement with GE Vernova.

via PBS|
#energy#massachusetts#offshore-wind